Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...

-TheWire.in With respect to agriculture, a lot of data is either not available or is released with delay. Often, it is inconsistent with other data sets. At the recent Vibrant Gujarat summit, Reliance Industries chairman Mukesh Ambani said, “In this new world, data is the new oil. And data is the new wealth. India’s data must be controlled and owned by Indian people and not by corporates, especially global corporations.” The data of...

-The Hindu Business Line First nation-wide, agri market intelligence system — to help farmers get better price — will become operational from next kharif The government will give out price and demand forecasts for various major foodgrains and price-sensitive horticulture crops such as onions from the forthcoming kharif season helping farmers take informed decision on growing different crops, a senior official of the Agriculture Ministry said. “We will be making pre-seasonal as well...

-Down to Earth17 clusters have been chosen in 8 states to roll out the pilot of Operation Green, a Central scheme aimed to contain annual price distress of tomatoes, onion and potatoes Nine months after announcing ?Operation Green? to provide the rightful price to farmer producers, the Union government has prepared guidelines to implement the operation. The scheme was devised to contain the annual price distress of tomatoes, onion and...

-Business Standard This survey also shows how things have moved forward since the last large-scale sample survey conducted by NSSO in 2012-13 The recent survey by the National Bank for Agriculture and Rural Development (Nabard), which attracted criticism for increasing the threshold of income for agricultural households, has some insights into how the rural landscape in the country has been changing. Released on August 17, the survey defined those households as agricultural that...